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with prior Traffic Impact Assessment Reports(TIAR)prepared for the Palamanui project by SSFM in 2014 and 2016. The applicant has modified development components of Phase II and III compared to the TA. A main difference is the Business Park is developed in Phase II of the TA with a signalized intersection at the Queen Kaahumanu Highway- University Drive(Road 2) intersection, rather than in Phase III as currently proposed. In the TA,University Drive would not be connected between the Business Park and University Village until Phase III.The TA concluded that a traffic signal would not be required at the Ka`iminani Drive-Ane Keohokalole Highway intersection until after the completion of a combined 500 residential units; 30,000 square feet of commercial space; and 60 hotel rooms. The 2014 and 2016 SSFM TIAR's concluded that Road 1 (New Connector Road),between the Palamanui property and Mamalahoa Highway, is not necessary to mitigate traffic impacts generated by Palamanui. Based on this conclusion, the applicant believes placing the responsibility of constructing Road 1 solely on Palamanui is not proportional to their project impacts. Development of the property would occur in four phases as shown in Exhibits A-8, A-9, A-10, and A-11 of the Application, and as follows: Phase I Phase I would be constructed just north of the UHWH campus to help facilitate and support the growth of the University. Construction would commence within two years of receipt of all necessary development permits and be completed within five years of the commencement date. • Up to 250 residential units, • Up to 30,000 square feet of commercial space, • Up to 60 hotel rooms, • 10 acres of improved park of a 20-acre public park, • A privately owned and maintained wastewater treatment plant, • Extension of Road 3A(Ane Keohokalole Highway) from UHWH to the University Village Town Center. -3-